Iranian Privatization Organization

The director general of the Iranian Privatization Organization said the deadline for determining the method of managing the Justice Shares will end on May 28.

Explaining the details of the transfer of state-owned companies' shares, the head of the Iranian Privatization Organization said: 18 companies are in the form of three ETF funds, which include banks, insurance companies, refineries, metals and automobiles.

The head of the Iranian Privatization Organization (IPO) explained the launch of the first ETF fund as Financial Intermediation Fund, which includes three banks and two insurance companies.

The director-general of the Iranian Privatization Organization (IPO) said: "The offering of IDRO and IMIDRO shares in the stock exchange needs the approval of the Cabinet and if this approval is obtained by the end of Shahrivar, the preparations for the offering will begin and hopefully it will be done in the first half of this (Iranian) year.

A member of the executive board of the Iranian Privatization Organization (IPO) said: "Esteghlal and Persepolis clubs will be offered on the stock exchange by the end of the first half of this year."

Referring to the role of this organization in realizing the motto of production jump, the head of the Iranian Privatization Organization (IPO) said: "In this regard, over 100 trillion tomans of stagnant and unproductive government property have been identified and we are developing the necessary mechanisms to transfer this property through the stock exchange."

According to the public relations department of the Iranian Privatization Organization (IPO), in an interview with IRINN regarding the latest status of the privatization of Esteghlal and Persepolis football clubs, Dr. Alireza Saleh said: "the intention for offering the shares of the two clubs exists and the first instruction of the (Iranian) president to the Economy Minister in the (Iranian) year 1399 was to accelerate the transfer of all state-owned enterprises."

The Privatization Organization PR - ?In accordance with the General Policies of Principle 44 of the constitution, which was announced by the supreme leader, it was mandated to transfer much of the government's powers to the private sector." Dr. Alireza Saleh told reporters in a press conference.

At the 92nd session of the Government-Private Sector Dialogue Council held this morning at the Chamber of Commerce, Industries and Mines of Iran with the presence of the Minister of Economic Affairs and Finance and the Minister of Industry, Mining and Commerce as well as members of the chamber, the Minister of Economy said that one of today's concerns is the growth of investment in the country, which we must address with the support of the public and private sectors.

Speaking at a joint conference of members of the Supreme Council and the directors of the board of directors of associations of officials judiciary experts across the country, the Minister of Economic Affairs and Finance said: With the efforts of the authorities and the cooperation of the honorable people, despite the adversaries' most sophisticated constraints as well as the very negative forecasts of some economists, economic indicators show a stable situation in a way that oil-free economic growth has been positive in the six months this year and nine-month statistics show that the country's trade balance has been positive, meaning that exports have been more than imports.